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Austin Housing Market 2019: Home Prices, Trends & Forecasts

Austin Real Estate Market 2019 Statistics

If you are looking at buying a house in Austin as a potential investment opportunity, you must read till the end. Real estate prices in the Austin market are expected to rise at a steady pace throughout 2019. So you might want to consider making your purchase sooner rather than later, to avoid higher housing costs down the road. Austin is the capital of Texas and it is growing at a fast clip. The Austin real estate market isn’t the largest in the state of Texas, but there are a number of reasons to consider buying real estate in Austin, Texas.

The Austin housing market has gained a lot of steam, with home values almost doubling since 2010. The Austin real estate market isn’t as big as Dallas, San Antonio or Houston. Austin is only the fourth largest city in the state. However, the Austin housing market is sizable – it is the eleventh largest city in the U.S. as of this writing, and it is the center of a large metro area. Austin has come up as another tech hub in last 5 to 6 years. There are tons of high paying tech jobs moved to Austin in last couple of years.

The Austin-Round Rock metro area is home to about two million people. Recently Austin was ranked eighth for the best real estate markets, topping all other big Texas cities. Since the local economy is growing rapidly, Austin’s housing market is also booming in 2018. If you are a home buyer or real estate investor, Austin definitely has a track record of being one of the best long term real estate investments in the U.S. through the last ten years. Let’s take a close look at the Austin housing market trends and forecasts for 2019 & 2020 and find out why you should invest in this hottest market in Texas.

Is Austin Housing Market In A Bubble?

austin real estate market

Would Austin remain as one of the top real estate markets in the country or would the bubble burst? Well, Austin isn’t considered to be in a real estate bubble because the demand is consistently high and inventory is very tight. This is good news for investors because you can expect steady activity and flow of people looking for housing. They are either renting or buying homes, and the most recent market reports for area apartments and for sale housing indicate continued strength in these sectors.

Despite the Austin metro area’s red-hot real estate market, sales did see a dip in June 2018. On July 17, the Austin Board of Realtors released its June 2018 Market Report, detailing an interesting trend within the Austin market. The single family home sales in the Austin-Round Rock Metropolitan Statistical Area (MSA) experienced strong and steady growth in the first half of this year but declined in June 2018, according to the June & Midyear 2018 Central Texas Housing Market Report released today by the Austin Board of REALTORS.

Austin had lower affordability scores in the past including 1994-1996, 2000 and 2007. The price of Austin properties declined following the 2007 peak while prices remained relatively flat following the 1995 and 2000 peaks. According to a report published in Williamskw.com, Austin will remain a seller’s market. The National Association of Realtors (NAR) suggests a “balanced” market is between 4-6 months of inventory. The entire Austin market is around 2.5 months. Austin inventory levels and number of days a home is listed for sale are increasing, yet not nearly enough for Austin to be a “buyers” market. That is not expected to change. Home prices may increase by 4-6%. Interest rates may increase by 0.5-1% throughout the year.

As Austin is a young city by many standards, Millennials will be the largest buying force in Austin 2018 and this trend should continue in 2019. This is going to be more attractive for the areas being close to neighborhood amenities and close by shopping & hang out spots. Real estate industry experts think that there is a no bubble. Austin’s economy is strong, and varied. Overall there is a huge scarcity of homes for sale in Austin. It just hasn’t kept up with the pace of people moving here.

Austin Real Estate Market Forecasts 2019, 2020 & 2021

The median home value in Austin is $365,600 on Zilow. Austin home values have gone up 7.6% over the past year and their Austin real estate market prediction is that the prices will rise 3.6% in the year 2020. The median list price per square foot in Austin is $215, which is higher than the Austin-Round Rock Metro average of $155. The median price of homes currently listed in Austin is $389,000. The median rent price in Austin is $1,695, which is higher than the Austin-Round Rock Metro median of $1,650.

Austin Real Estate Market Forecast

Graph Credits: Zillow.com

According to LittleBigHomes.com, the Austin real estate market forecast for the 12 months ending with the 3rd Quarter of 2019 is positive. Their accuracy of the Austin real estate market trend prediction is 85%. Accordingly, they estimate that the probability for rising home prices in Austin is 85% during this period. If this Housing Market Forecast is correct, home prices will be higher in the 3rd Quarter of 2019 than they were in the 3rd Quarter of 2018.

Austin Housing Market Forecast 2019 – 2021

The Austin housing market forecast for the 3 years ending with the 3rd Quarter of 2021 is also positive. The accuracy of the Austin housing market trend prediction for Austin is 74%. Accordingly, LittleBigHomes.com estimates that the probability for rising home prices in Austin is 74% during this period. If this Housing Market Forecast is correct, home values will be higher in the 3rd Quarter of 2021 than they were in the 3rd Quarter of 2018.

Check this page each quarter for updates to the Austin Real Estate Market Forecast.

Austin Real Estate Market Trends

Latest Austin real estate market trends show a show a 0% week-over-week rise in average listing price and a 0% rise in median rent per month. A report from Trulia ranks Austin among 10 U.S. markets where list prices have stalled over the past year. The Austin-Round Rock metro area ranks second on the list, with a median home price decrease of 3.4 percent over the past year.

Trulia has 3,778 resale and new homes for sale in Austin, TX. These include open houses, and homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average house price in Austin is $550,378. The median house rent per month in Austin is $1,900.

Austin Real Estate Market Trends

Graph Credits: Trulia.com

If you look back at the last year’s data, in the first half of 2018, home prices in Austin continued to increase and housing inventory levels slowly declined amidst strong housing demand. The Austin-Round Rock area sold 3,299 single-family homes in the month of June, down from 3,415 in 2017. Even with the decline, however, the median price for a single-family home in Austin still rose 4.9 percent year-over-year to $326,250.

In the city of Austin, single-family home sales in the first half of 2018 edged upward 1.3 percent year-over-year to 4,757 sales and the median price for a single-family home increased 3 percent to $375,760. During the same period, active listings decreased 10.1 percent to 1,279 listings; new listings decreased 3.9 percent to 6,458 listings; and pending sales rose 2.7 percent to 5,248 sales.

Data by Redfin.com shows that the Austin housing market is very competitive. Homes in Austin receive 2 offers on average and sell in around 34 days. The average sale price of a home in Austin was $375K last month, up 4.2% since last year. The average sale price per square foot in Austin is $210, up 4.0% since last year. Homes typically receive 2 offers. Homes in the Austin housing market sell for about 2% below list price and go pending in around 34 days.
Hot Homes for sale in Austin, TX can sell for around list price and go pending in around 7 days.

Austin Housing Market Statistics

  • The median sale price of homes in Austin is $375,000 (Redfin.com)
  • The median sale price per sq ft. is $210
  • Average number of days on market is 34
  • Median Sales Price: $550,378 (On Trulia)
  • Median Rent Per Month: $1,900
  • Median Household Income: $56,000
  • Home Owners: 53%
  • Single Residents: 42%
  • Median Age: 34
  • College Educated: 52%
  • Transportation: 94% people commute by car; public transport is available

There are 5,456 homes for sale in Austin, TX, ranging from $15K to $35M on Realtor.com. 623 of which were newly listed within the last week. Additionally, there are 3,332 Austin rental properties, with a range of – to $25K per month. In February 2019 the housing market in Austin, TX was a buyer’s market, which means there were roughly more active homes for sale than there were buyers.

Austin Housing Market Trends

Graph Credits: Realtor.com

The median list price of homes in Austin, TX was $390K in February 2019, trending up 4% year-over-year. The median listing price per square foot was $216. Homes in Austin, TX sold for 3.33% below asking price on average in February 2019. Homes in Austin sell faster than average compared to other cities in Travis County. It takes an average of 73 days on market for a home to sell in Austin. The trend for median days on market in Austin, TX is flat since last month, and flat since last year.

Austin Housing Market Trend

Graph Credits: Realtor.com

The median list price in Austin is $499,900 on Movoto.com. The median list price in Austin was less than 1% change from March to April. Austin’s home resale inventories is 2,324, which increased 5 percent since March 2019. The median list price per square foot in Austin is $268. March 2019 was $270. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in April 2019.

Austin real estate market trend

Graph Courtesy – Movoto.com

Austin Downtown Homes For Sale

Downtown Austin is generally considered to range from East Martin Luther King Jr. Boulevard to Lady Bird Lake (north to south), with the eastern and western boundaries being I-35 and North Lamar Boulevard, respectively. According to a report in Austin.curbed.com, the average asking price for Downtown properties is $602 per square foot, ranging from $205 per square foot (a planned single-family Clayton & Little home in Judge’s Hill asking $1.15 million) to $1,500 per square foot (a penthouse at the W Residences designed by Michael Hsu on the market for $3.45 million). The below chart from NeighborhoodX shows price per sq.ft. for homes in Downtown Austin. Last year, the average asking price was $609 per square foot, ranging from $273 per square foot to $1,589 per square foot.

 

 

Chart Courtesy – NeighborhoodX Corp

Austin Single Family And Multi-Family Homes

Following the housing market decline in 2007, single family rental properties became favorable options for investors, saving in construction or refurbishment prices. The quick turnaround for an owner to rent out their property means cash flow is almost immediate. Single family rental homes have grown up to 30% within the last three years. Almost all the housing demand in the US in recent years has been filled by single family rental units

As per the data from the real estate company called Neigborhoodscout.com, the median house price in Austin is $322,291, which indicates that houses in Austin are some of the most expensive in Texas. Single family detached homes are the single most common housing type in Austin, accounting for 46.89% of the city’s housing units.

Other types of housing that are prevalent in Austin include large apartment complexes or high rise apartments (39.07%), duplexes, homes converted to apartments or other small apartment buildings (7.66%), and a few row houses and other attached homes (4.86%).

People in Austin primarily live in small (one, two or no bedroom) single-family detached homes. Austin has a mixture of owner-occupied and renter-occupied housing. Currently, there are 2,323 single family homes for sale in Austin, TX on Zillow. These include upcoming potential listings. Additionally, there are 967 single family homes for rent in Austin, TX.

Austin, TX Foreclosures And Bank Owned Homes

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Austin is 0.4%, which is lower than the national value of 1.1%.

  • Foreclosures in Austin = 310 (RealtyTrac)
  • Homes for Sale in Austin = 886
  • Recently Sold = 426
  • Median List Price = $399,000 (1% ⇑ vs Feb 2018)

There are currently 310 properties in Austin, TX that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 886. In March, the number of properties that received a foreclosure filing in Austin, TX was 2% higher than the previous month and 57% lower than the same time last year.

Home sales for February 2019 were up 0% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home in Austin, TX was $0. The median sales price of a foreclosure home in Austin, TX was $0, or 0% higher than non-distressed home sales.

According to a report, the Austin area saw a 65 percent increase in what’s known as foreclosure starts in May 2018 compared with May 2017; that was followed by year-over-year increases of 44 percent and 29 percent in June 2018 and July 2018, respectively. The total number of foreclosure starts in Austin in July 2018 was 126.

What Is The Cost of living In Austin, TX?

Austin is the capital of Texas. The Austin-Round Rock metro area is home to about two million people. The city is known as a haven for live music, free thinking and free spirits. It has a distinct culture and flavor compared to the rest of Texas, which is a mostly conservative and traditional state. According to WalletHub, among large U.S. cities, Austin ranked eighth, topping all other big Texas cities as well as San Jose, California; Atlanta; and Portland, Oregon. Among all 300 cities, Austin still ranked a respectable No. 36 for best real estate markets

Aside from high housing prices, the cost of living in Austin is relatively affordable. Overall, the cost of living for Austin is very reasonable. At three percent below the national average cost of living, moving to Austin may be an economical choice for you. One of the most interesting factors in the cost of living for Austin is that the cost of housing is 15 percent below the national average.

According to Sperling’s Best Places, grocery costs in Austin are slightly below the national average, with a rating of 89.1 against the U.S. average of 100, meaning it is about 11 percent lower than the national average on groceries. The sales tax rate in Austin is 8.25 percent. There are no income taxes in Texas. Schools are largely funded through property taxes, which rise along with home prices. As home prices continue to skyrocket and people are increasingly forced to move to the distant suburbs to find affordable housing, a massive reworking of Austin’s building codes, known as CodeNext, promised to deliver some relief.

The median salary in Austin, TX is $51,596 and it is the 108th most expensive city in a database of 232 cities by NerdWallet.com. For a 2-bedroom apartment the median rent per is $1,184. The median price for 3/2 bedroom house is $276,634. Food and entertainment costs in Austin are reasonable. Redwood Austin is the area with the lowest cost of living.

Top 10 Areas With The Lowest Cost of Living in Austin – (List by Niche.com & prices by Livability.com)

  1. Redwood, Texas – Located in Guadalupe County. The median income in Redwood , TX is $47,778 and the median home value is $54,700.
  2. Lockhart, Texas – Located in Caldwell County. The median income in Lockhart , TX is $48,884 and the median home value is $115,400.
  3. Martindale, Texas – Located in Caldwell County. The median income in Martindale , TX is $43,929 and the median home value is $151,200.
  4. Uhland, Texas – Located in Hays County. The median income in Uhland , TX is $40,662 and the median home value is $78,100.
  5. Taylor, Texas – Located in Williamson County. The median income in Taylor , TX is $42,793 and the median home value is $116,600.
  6. Lago Vista, Texas – Located in Travis County. The median income in Lago Vista , TX is $75,126 and the median home value is $189,400.
  7. Elgin, Texas – Located in Bastrop County. The median income in Elgin , TX is $50,369 and the median home value is $104,000.
  8. Hornsby Bend, Texas – Located in Travis County. The median income in Hornsby Bend , TX is $49,077 and the median home value is $123,000.
  9. Round Rock, Texas – Located in Williamson County. The median income in Round Rock, TX is $72,412 and the median home value is $179,900.
  10. Wimberley, Texas – Located in Hays County. The median income in Wimberley , TX is $59,167 and the median home value is $214,600.

Austin Home Prices And Real Estate Appreciation

Austin real estate appreciated 74.80% over the last ten years, which is an average annual home appreciation rate of 5.74%, putting Austin in the top 10% nationally for real estate appreciation. During the latest twelve months, Austin’s real estate appreciation rate, at 7.01%, has been at or slightly above the national average. In the latest quarter, Austin’s real estate appreciation rate has been 2.05%, which annualizes to a rate of 8.45%.

The above statistics on real estate appreciation in Austin were taken from NeighborhoodScout.com. You can visit their page for more information. Relative to Texas, their data shows that Austin’s latest annual real estate appreciation rate is higher than 60% of the other cities and towns in Texas.

10 Best Neighborhoods In Austin For Real Estate Investment

There are 434 schools in Austin, TX. There are 181 elementary schools, 80 middle schools, 68 high schools and 105 private & charter schools. There are 99 neighborhoods in Austin. West Lake Hills has a median listing price of $1.3M, making it the most expensive neighborhood. North Austin is the most affordable neighborhood in Austin, with a median listing price of $294.5K. Popular neighborhoods in Austin include Mueller, Barton Hills, Travis Country, Hyde Park, East Austin, Rosedale, Windsor Park, North Austin, West Austin, North Loop, Downtown Austin, Central Austin, Crestview, Allandale, and Old West Austin.

These are the 10 best neighborhoods in Austin to invest in real estate because they have the highest real estate appreciation rates (List by Neigborhoodscout.com).

Should You Invest In The Austin Real Estate In 2019?

Investing in real estate is touted as a great way to become wealthy. Is Austin rental property good for investment? If you are looking to buy Austin investment properties, then you must read this. These things make Austin real estate market stand out when it comes to choosing a place to invest in 2019 and beyond. We have already discussed the Austin housing market forecast for answers on why to put resources into this sizzling market in 2019.

The home prices in the Austin housing market will be on an upswing all through 2019. The Austin home prices are expected to rise by 3.6% in 2020. So you should consider investing in Austin rental properties sooner, to avoid higher home prices down the road. Here are the top 10 reasons to invest in the Austin real estate in 2019.

1. The Massive Student Population

Many people want to invest in the Austin real estate market because there is a massive student population that will rent properties for a premium if they’re in easy commuting distance of the University of Texas Austin campus. That school alone has more than 40,000 students. The Austin community college hosts about as many students as UT Austin. Huston Tillotson University, Saint Edward’s University and National American University are also located in this city.

2. Austin Is The Silicon Prairie

Austin Texas has been nicknamed Silicon Hills and Silicon Prairie because they’ve attracted so many high tech employers. This has resulted in an active upscale Austin real estate market. Major local employers include IBM, Amazon, Apple, Cisco Systems and a number of semiconductor manufacturers. There are more than 3300 tech companies in the region and more than 100,000 tech workers all competing for homes in the Austin real estate market.

3. Austin, the Hidden Health Hub

One of the long-term strengths of the Austin is its diverse economy. The Austin real estate market dipped after the layoffs of the Dot-Com boom. They decided to solve the problem by encouraging medical and biotech employers to relocate to the area, too. As of this writing, there are 85 biotech and pharmaceutical companies in Austin.

4. Austin, the State Capital

Texas is unique for having a biannual legislature. They don’t have the state legislature in town year round. Instead, they are only in session several months every two years. This leads to an influx of legislators, reporters and lobbyists every other year. This creates a unique but predictable boom and bust for the Austin housing market in the vicinity of the capital building.

5. Quality of Life

One of the factors driving the Austin real estate market is the intangible but well documented quality of life the city provides. In 2017, US News and World Report ranked the city first for quality of life. In 2016, Austin was ranked first on a Forbes list of Cities of the Future list. In 2017, that same magazine ranked the South River City neighborhood as one of the best for Millennials. WalletHub ranked the city sixth in their list of best places to live in 2017. In 2012, the FBI ranked Austin one of the safest cities in the country.

6. A Relatively Friendly City for Landlords

T.exas in general is very landlord friendly, though cities can have their own, stricter ordinances. Texas doesn’t specifically let tenants withhold rent for failure to provide essential services. You can evict someone for nonpayment of rent after three days. Texas doesn’t set a limit on security deposits.

Texas doesn’t require a minimum time frame before you increase the rent. For major lease violations, you can terminate the lease then and there and give them three days to vacate. Knowing you won’t spend months trying to evict a non-paying tenant is a good reason to consider the Austin real estate market or another Texas housing market over more liberal cities.

7. The Excellent Tax Environment

Texas’ property taxes may be high, but this is offset by the lack of a state income tax. There is, overall, a low state and local tax burden for investors. That makes this a great place to buy a home and rent it out.

8. Affordable Real Estate

Homes in Austin are 23% cheaper than the national average. It may be the second most expensive housing market in the state with a median home price of around $350,000, but it is still far cheaper than California or New York. Buy up condos or townhomes, and you’ll be able to see a sizable return on the investment.

For example, studio apartments rent for around $780 in Austin versus the $700 national average, while an Austin 1 bedroom apartment rents for almost a $1000 though the national average is $825 a month. A three bedroom apartment in Austin rents for $1500-$1600 while the national average is closer to $1400 a month.

9. Positive Demographic Momentum

About half of Austin’s population is between 18 and 44, though that figure is skewed by the large student population. However, the reality is that many college graduates choose to stay here because of the abundant, well-paying jobs. After all, Austin has the highest per capita of high paying jobs of any Texas city.

This helps explain why the Austin housing market is growing at the fastest rate of any major city in Texas. Many of these young adults are starting their families here, creating certain future demand for housing in the Austin real estate market.

10. Certain Future Appreciation for Austin Real Estate

An author in Forbes wrote in 2016 that Austin real estate is appreciating at one of the highest rates in the state because of NIMBY-ism, a reluctance to develop riverfront or Texas hill country to build new homes. This has pushed development out along the highway and forced dense development in areas already zoned for housing.

This pushes up the price for existing homes, driving many in the Austin housing market to rent when they want to buy, while it guarantees capital gains for those who buy and hold property.

Austin Real Estate Investment

Maybe you have done a bit of real estate investing in Austin, TX but want to take things further and make it into more than a hobby on the side. It’s only wise to think about how you can and should be investing your money. If you invest wisely, you could secure your future. If you are a beginner in the business of cash flow real estate investing, it very important to read good books on real estate.

Most investors naturally gravitate to residential property investment. When looking for the best real estate investments, you should focus on markets with relatively high population and employment growth. Both of them translate into high demand for housing. If housing supply meets housing demand, real estate investors should not miss the opportunity since entry prices of homes remain affordable.

You must also collaborate and learn from savvy real estate investors who have retired early on in their lives by investing in some of the best real estate markets like Austin, TX. With Austin, Texas, becoming a more diverse city every year, there are plenty of opportunities to take advantage of – from buying  new homes to different investing options in the Austin real estate market. Austin is a leader across the country with jobs and when you combine that with home prices not as drastically increasing, you’ll get a real estate market that many others envy.

Buying an investment property is different from buying an owner-occupied home. Investment properties are designed to make money as rentals, which means you must look at it solely as an income producing entity just like any other business.

Whether you are a beginner or a seasoned pro you probably realize the most important factor that will determine your success as a Real Estate Investor is your ability to find great real estate investments.

According to real estate experts, buying in a market with increasing prices, low interest, and low availability requires a different approach than buying in a cooler market.

We strive to set the standard for our industry and inspire others by raising the bar on providing exceptional real estate investment opportunities.

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Best Places In Texas To Invest In Real Estate

Apart from the Austin real estate market, you can also invest in the housing market of Houston, TX. If you are a home buyer or real estate investor, Houston definitely has a track record of being one of the best long term real estate investments in America through the last ten years. The Houston Real Estate Market forecast 2019 is good, and current housing prices are relatively low, so if you want to get on board the Houston real estate investing then now would be a great time to do so.

The Houston metro area offers great opportunities for investors who are looking for a stable market that offers both cash flow and equity growth at a price that is STILL well below their replacement value. The median home value in Houston is $185,600. Houston home values have gone up 7.2% over the past year and their Houston real estate market prediction is that they will rise 3.4% within the next year.

The El Paso real estate market is another hot market to invest in. El Paso real estate market was ranked at 4th in Trulia’s hottest real estate markets to watch in 2018. El Paso’s strong job growth, affordability, low vacancy rates and high population of young household were pivotal in the ranking process.

The cost of living in El Paso is lower than the national average, while the cost of housing is well below that of other major metropolitan areas, including Houston and Austin. The Central, Cielo Vista and Mesa Hills areas offer more affordable rental properties for sale, while neighborhoods in the northwestern and eastern parts of the metro area have some of the more expensive housing inventory. The amount residents spend on everyday expenses, such as food and transportation, is slightly less than what the average American pays.

The next one is the San Antonio real estate market. The median home value in San Antonio is $167,600. San Antonio home values have gone up 8.0% over the past year and Zillow predicts they will rise 2.5% within the next year.  For those who want to invest in rental real estate, the San Antonio real estate market is an ideal location because of the outsized military presence. Fort Sam Houston is located inside the city limits.

Lackland Air Force Base, Randolph Air Force Base, Camp Bullis and Camp Stanley are located in the immediate vicinity. This means that there is a large population that will almost always rent because they don’t know where they’ll be sent on their next assignment.

San Antonio has a dearth of affordable housing because demand is so much greater than the supply. This has created a large number of renters who need to pay quite a bit to rent apartments or single family homes. We know there is a lack of housing relative to demand when a balanced market has a 6 month home inventory and San Antonio has only a two month inventory.

How can we not mention Dallas in this list? The Dallas housing market in 2019 is shaping up to continue the trend of the last few years as one of the strongest markets in the United States. Despite some fluctuations in the market, demand and sales have continued to climb at a feverish pace for more than two years and show no signs of stopping. Dallas’s local economy is a mix of aerospace, computer chips, telecommunications, transport, energy, and healthcare sectors and the Finance and Business services. These sectors are all providers of good wages which allows for a strong market for Dallas investment properties.

Dallas’s population has grown at twice the national rate for years now and this pushes the prices of Dallas investment properties higher due to builders not being able to keep up. Dallas’s housing prices have increased 29% over the last three years, even with these increases in home prices, they are still competitive for investment properties and you can expect further increases over the years. If you want to buy an investment property in Dallas, don’t wait around, go ahead and do it.

Let us know which real estate markets you consider best for real estate investing! If you need an expert investment advise, you may fill up the form given here. 

One of our investment specialists will get in touch with you to discuss all facets of searching for, buying, and owning a turnkey investment property.


*Remember, caveat emptor still applies when buying a property anywhere. The information contained in this article was pulled from third party sites mentioned under references. Although the information is believed to be reliable, Norada Real Estate Investments makes no representations, warranties, or guarantees, either express or implied, as to whether the information presented is accurate, reliable, or current. All information presented should be independently verified through the references given below. As a general policy, the Norada Real Estate Investments makes no claims or assertions about the future housing market conditions across the US.

References:

UT Austin / Austin colleges
https://www.usnews.com/best-colleges/university-of-texas-3658
https://www.collegesimply.com/colleges/texas/austin/four-year-colleges/

Austin demographics
https://en.wikipedia.org/wiki/Austin,_Texas

Landlord friendly                                                                                                              http://capstonecapitalusa.com/the-most-friendly-8-landlord-states          https://www.rentcafe.com/blog/renting/states-best-worst-laws-renter

Taxes
https://www.austintexas.gov/invest-here

Home prices
https://www.austintexas.gov/invest-here
https://www.forbes.com/sites/scottbeyer/2016/08/31/why-is-austins-housing-more-expensive-than-other-texas-cities/#10556d3d6121
https://www.bestplaces.net/cost_of_living/city/texas/austin

Cost of Living                                                                                                                https://www.nerdwallet.com/cost-of-living-calculator/city-life/austin                        https://www.tripsavvy.com/austins-cost-of-living-255111                                                            https://livability.com/tx                                                                                                      https://www.niche.com/places-to-live/search/suburbs-with-the-lowest-cost-of-living/m/austin-metro-area

Is Austin In A Bubble                                                                                                                https://www.quora.com/Is-the-Austin-real-estate-market-a-bubble-If-so-when-will-it-burst https://www.williamskw.com/blog/5-Predictions-for-the-Austin-Real-Estate-Market-in-2018/53486

Market Trends and Forecasts                                                                                              https://www.zillow.com/austin-tx/home-values                                              https://www.trulia.com/real_estate/Austin-Texas/market-trends    https://www.realtytrac.com/statsandtrends/tx/travis-county/austin                  http://austin.culturemap.com/news/real-estate/08-30-18-austin-home-foreclosures-rise-report https://www.redfin.com/city/30818/TX/Austin/housing-market              https://www.realtor.com/realestateandhomes-search/Austin_TX/overview                  https://www.movoto.com/austin-tx/market-trends                                                https://www.littlebighomes.com/real-estate-austin.html                                  http://austin.culturemap.com/news/real-estate/09-11-18-best-real-estate-markets-in-us-austin-wallethub


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